D
Seller's Agent in 2021
David Hall
Keller Williams Realty Lansing
732 W Shiawassee St Unit 2 Lansing, MI 48915
Downtown Lansing NeighborhoodEstimated Value: $142,000 - $169,852
3
Beds
3
Baths
1,608
Sq Ft
$98/Sq Ft
Est. Value
Highlights
- Wood Flooring
- 2 Car Detached Garage
- Forced Air Heating System
- Wood Frame Window
- Front Porch
- 5-minute walk to Ferris Park
About This Home
As of May 2021This sharp, two-bedroom, one full bathroom apartment (one of two units) is a beautiful home located in the heart of Downtown Lansing. (Laundry, Enclosed Parking, Heat, Gas, Trash are INCLUDED in the rent! This unit is very spacious with lots of character, gorgeous woodwork throughout the home, and great neighbors. The kitchen has a warm and inviting feeling with a retro oven and range (check out the photos!) A one car enclosed locked garage included at no cost! Significant closet space, onsite laundry facilities (NOT coin operated) This apartment is very spacious, close to highways, restaurants, MSU, Lansing Community College, government offices, the airport, Lansing’s River Trail and more! Come check out this quiet, non-smoking 2-unit house.
Lease lengths: 12 Months
Gas, Heat, Trash Included
Utilities: Electricity and Water Paid by Tenant
High-Speed Internet Available.
Pet policies: Sorry, no pets.
Last Agent to Sell the Property
David Hall
Keller Williams Realty Lansing License #6501386398 Listed on: 04/14/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,049
Year Built
- Built in 1909
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 33x132
- Back and Front Yard
Home Design
- Block Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,608 Sq Ft Home
- 2-Story Property
- Wood Frame Window
- Washer and Electric Dryer Hookup
Flooring
- Wood
- Carpet
- Vinyl
Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
- Laundry in Basement
- Crawl Space
Parking
- 2 Car Detached Garage
- Front Facing Garage
- Gravel Driveway
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- 100 Amp Service
- Gas Water Heater
- Cable TV Available
Additional Features
- Front Porch
- City Lot
Listing and Financial Details
- Total Actual Rent $19,500
Community Details
Overview
- 2 Units
- Claypool Subdivision
Amenities
- Laundry Facilities
Building Details
- Insurance Expense $788
- New Taxes Expense $2,049
- Net Operating Income $16,663
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 14, 2021
Closed on
May 21, 2021
Sold by
Tamburino Christina
Bought by
Terranova Michael
Seller's Agent
David Hall
Keller Williams Realty Lansing
Buyer's Agent
Jonathan Lum
EXIT Realty Home Partners
List Price
$125,000
Sold Price
$126,000
Premium/Discount to List
$1,000
0.8%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,713
Avg. Annual Appreciation
4.55%
Original Mortgage
$94,500
Outstanding Balance
$86,115
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$66,808
Purchase Details
Closed on
Jul 17, 2019
Sold by
Michaels Christofer and Michaels Christofer S
Bought by
Tamburino Christina
Purchase Details
Closed on
Jan 25, 1999
Sold by
Tucker William L and Tucker Lynn A
Bought by
Michaels S Christopher
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,750
Interest Rate
6.85%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jul 14, 1995
Sold by
Tucker William and Tucker Lynn A
Bought by
Michaels Christofer
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Terranova Michael | $126,000 | Ata National Title Group Llc | |
| Tamburino Christina | $46,500 | Transnation Title Agency | |
| Michaels S Christopher | $45,000 | -- | |
| Michaels Christofer | $45,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Terranova Michael | $94,500 | |
| Previous Owner | Michaels S Christopher | $55,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/19/2025 07/19/25 | Off Market | $995 | -- | -- |
| 06/19/2025 06/19/25 | For Rent | $995 | 0.0% | -- |
| 05/21/2021 05/21/21 | Sold | $126,000 | +0.8% | $78 / Sq Ft |
| 04/17/2021 04/17/21 | Pending | -- | -- | -- |
| 04/13/2021 04/13/21 | For Sale | $125,000 | -- | $78 / Sq Ft |
Source: Greater Lansing Association of Realtors®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,787 | $68,300 | $3,800 | $64,500 |
| 2024 | $39 | $63,200 | $3,800 | $59,400 |
| 2023 | $4,507 | $56,700 | $3,800 | $52,900 |
| 2022 | $4,118 | $50,900 | $4,400 | $46,500 |
| 2021 | $3,470 | $45,300 | $5,600 | $39,700 |
| 2020 | $3,445 | $41,500 | $5,600 | $35,900 |
| 2019 | $2,033 | $41,100 | $5,600 | $35,500 |
| 2018 | $1,925 | $37,900 | $5,600 | $32,300 |
| 2017 | $1,845 | $37,900 | $5,600 | $32,300 |
| 2016 | $1,769 | $37,300 | $5,600 | $31,700 |
| 2015 | $1,769 | $35,800 | $11,215 | $24,585 |
| 2014 | $1,769 | $36,800 | $13,750 | $23,050 |
Source: Public Records
Agents Affiliated with this Home
-
-
Jonathan Lum
Buyer's Agent in 2021
Jonathan Lum
EXIT Realty Home Partners
(517) 798-6264
5 in this area
235 Total Sales
Map
Source: Greater Lansing Association of Realtors®
MLS Number: 254478
APN: 01-01-17-232-111
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